IEA forcasts growth in 2010 global oil demand

09:16, June 11, 2010      

Email | Print | Subscribe | Comments | Forum 

The International Energy Agency estimated Thursday that global oil demand would grow to 86.4 million barrels per day in 2010, about 60,000 more than previously forecast, due to better-than-expected data from developed countries.

Global demand for oil would increase by 1.7 million barrels per day, or 2 percent, mostly due to demand from countries outside the Organization of the Petroleum Exporting Countries, the Paris-based IEA said in its monthly oil market report.

According to the agency, lower oil supplies from the OPEC and non-OPEC countries jointly brought the total oil supply in May down to 86.3 million barrels per day, a decrease of 575,000 barrels per day.

As for the entire year,the non-OPEC output was revised up by 100,000 barrels to 52.3 million barrels per day.

Additionally, the agency revised up its estimate of global refinery capacity of crude in the second quarter to 73.5 million barrels per day, about about 1.5 million barrels per day more than the figure of last year.

Source:Xinhua

(Editor:黄蓓蓓)

  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Giant red lantern lights up in Tiananmen Square to celebrate the coming National Day on Oct. 1. (Xinhua/Li Xin)
  • A ceremony is held in Taipei, southeast China's Taiwan, on Sept. 28, 2011, to commemorate the 2,562nd birthday of Confucius (551-479 BC), a Chinese thinker, educationist and philosopher. (Xinhua/Wu Ching-teng)
  • The world's first Boeing 787 Dreamliner for delivery arrives at Haneda airport in Tokyo, capital of Japan, on Sept. 28, 2011. The Boeing 787 Dreamliner, whose buyer is All Nippon Airways (ANA), will implement a flight of ANA on Oct. 26 from Tokyo's Narita Airport to Hong Kong in south China. (Xinhua/Ji Chunpeng)
  • A Libyan National Transitional Council (NTC) fighter shows what is believed to be human jawbone found inside a mass grave near Abu Salim prison in Tripoli, Libya, Spet. 27, 2011. The NTC on Sunday said they had found a mass grave containing the bodies of 1,270 people killed by Gaddafi's security forces in a 1996 massacre at Abu Salim prison in southern Tripoli. (Xinhua/Li Muzi)
  • Rescue workers and local residents search for survivors after a building collapsed in old Delhi, India, Sept. 27, 2011. At least 10 people were killed and 35 injured when an old three-storey building collapsed. More than a dozen people are still feared trapped under the debris, police said. (Xinhua/Partha Sarkar)
  • A visitor has flying experience in the windmill castle of Jinshitan National Holiday resort in Dalian, northeast China's Liaoning Province, Sept. 27, 2011. The castle is a 23-meter-high building with 21 meters in diameter. The castle uses wind tunnel to make objects floating in the air. It is the first indoor stadium in China, which enables people to have flying experience. (Xinhua/Zhang Chunlei)
Hot Forum Discussion